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Editor's Note: If you are interested in becoming an expert on Innovation Management, take a look at Flevy's Innovation Management Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can stay ahead of the curve. Full details here.
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According to ChemAnalyst report, “Specialty Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Specialty Carbon Black market observed a demand of 1.95 million tons in 2020 and is expected to reach 3.23 million tons by 2030, growing at a CAGR of 5.02% in the next ten years. Anticipated growth in the market can be attributed to the increasing demand from downstream indu
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Why every business needs continuous and effective model risk management
Hi Global Risk Community member,
Model Risk Management continues to evolve to keep pace the growing adoption and reliance across many sectors of business on advanced analytics.
The finance sector in particular has been challenged to improve model lifecycle efficiencies, meet the demands of evolving regulations, and establish more rigorous AI governance.
Armed with the right models, organizations can translate data into
Complying with regulations and managing regulatory changes puts a huge amount of pressure on businesses. Organisations across different sectors must follow a whole host of complex regulations relating to data privacy, online payments, store credit, and financial, environmental & trade laws.
This eBook from Camms, explores the challenges relating to manual regulatory change management, it takes a tour through the top 10 regulatory compliance issues facing businesses, and provides a step-by-step gu
Editor's Note: If you are interested in becoming an expert on Innovation Management, take a look at Flevy's Innovation Management Frameworks offering. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.
I tried something different last week. I posted a “musing” on LinkedIn. It was an excerpt from my book Risky Business: How Successful Organisations Embrace Uncertainty that read
“Risk management isn’t rocket science. It’s about managing uncertainty.
And, done well, it delivers real value for organisations.”
It sparked quite a lot of activity including some discussion on how to value the risk function. Here are a couple of my replies on the topic:
To Norman Marks:
“Re the value of ERM, I have found s
Don’t choose a job. Work on building a meaningful, fulfilling career in which you will excel, right from an early age. Allow us to take this journey with you and handhold you through it. Our career guidance and counselling process is a wholesome, year-on-year extendable mentorship program spanning class 10 to class 12, Online career counselor after 10th & 12th While this is also a period of immense change and evolution in the life of students, we ensure that they never lose sight of their career
Industrial companies may not be the face of digital disruption, but their evolutionary approaches to
successful digital initiatives hold lessons for other sectors.
Transforming the organization to reap the benefits promised by advanced digital technologies is no longer a question of “if” or “when”; it’s a question of “how.” Business leaders are often counseled by expert advisers to set up a dedica
Introduction
In this week’s blog, we’re sharing insights based on our latest interview with Christine Uri. She shed light on how the ESG environment is coming more into the compliance sphere and how we should be thinking about this from a risk management perspective. Christine is the chief legal and sustainability officer at ENGIE impact. ENGIE Impact is a company that operates in the primary sphere of guiding corporations through their sustainability transformation. Her responsibilities in the c
Work that permits autonomy, demands problem-solving, and meets other criteria for good design
can bolster employees’ cognitive skills and ongoing learning.
Promoting worker learning is an increasingly urgent priority: To succeed at executing technology-driven strategies, a company must have a workforce that can rapidly adapt to and master new tools, processes, and roles. As AI systems automate m
Hi Global Risk Community member,
I invite you to attend our upcoming CPE webinar Cornerstones to Strengthen Third-Party Risk Management on Thursday March 24th at 1pm Eastern.
According to a recent survey by security vendor Anchore, 64% of businesses were affected by a supply chain attack in the past 12 months, and this year supplier attacks are expected to quadruple according to the European Union Agency for Cybersecurity. A well-orchestrated TPRM program can not only mitigate third-party cyber
Hi Global Risk Community member,
With regulators committing to include climate considerations in their oversight of financial institutions, are you integrating climate change and ESG factors into your risk management frameworks and appetite?
Successfully integrating ESG and climate change factors into enterprise risk management and business decision making will open new opportunities and create competitive advantages.
Leading financial risk experts from across the US will be assembling at the ES
Rising generations of employees are demanding that leaders engage on topics such as climate change
and racial equity. Leaders must understand how to respond.
Source: MITSLOAN
MANAGEMENT REVIEW
MIT Sloan Management Review’s recent Work/22 virtual symposium invited a range of experts to share their insights into the challenges leaders will face in the year ahead. Among them was Megan Reitz, a professor of leadership and dialogue at Hult International Business School, w
A new book examines the unique experiences women of color face in the workplace
and offers insight on how to improve work for everyone.
Deepa Purushothaman was one of the youngest people and the first Indian American woman to make partner in Deloitte’s history. But having ascended high up the corporate ladder, she realized that her work life wasn’t working. It took conversations wi